Terra Classic (LUNC) Trading 20% Lower Over Last 7 Days

Terra Classic (LUNC) traded down 6.5% against the dollar during the 1-day period ending at 20:00 PM ET on August 4th. Terra Classic has a market capitalization of $360.57 million and approximately $17.30 million worth of Terra Classic was traded on exchanges in the last day. In the last seven days, Terra Classic has traded down 20% against the dollar. One Terra Classic coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• TRON (TRX) traded up 0.9% against the dollar and now trades at $0.13 or 0.00000219 BTC.
• Tezos (XTZ) traded 3% lower against the dollar and now trades at $0.66 or 0.00001147 BTC.
• aelf (ELF) traded 13.8% lower against the dollar and now trades at $0.36 or 0.00000628 BTC.
• Terra (LUNA) traded down 4.6% against the dollar and now trades at $0.32 or 0.00000546 BTC.
• GXChain (GXC) traded down 0.4% against the dollar and now trades at $0.38 or 0.00000651 BTC.
• Adshares (ADS) traded down 11.6% against the dollar and now trades at $0.22 or 0.00000384 BTC.
• BitShares (BTS) traded up 0.9% against the dollar and now trades at $0.0020 or 0.00000004 BTC.

About Terra Classic

Terra Classic (CRYPTO:LUNC) uses the hashing algorithm. Its launch date was April 23rd, 2019. Terra Classic’s total supply is 6,794,537,545,225 coins and its circulating supply is 5,434,156,697,031 coins. Terra Classic’s official Twitter account is @terra_money. The Reddit community for Terra Classic is https://reddit.com/r/terraluna and the currency’s Github account can be viewed here. The official message board for Terra Classic is medium.com/terra-money. Terra Classic’s official website is terra.money.

According to CryptoCompare, “LUNC, previously Luna, is the original token of the Terra blockchain, renamed Terra Classic after governance proposal 1623 by the Terra community, following the UST depegging event. This original chain, with disabled market swaps (mint/burn function), is represented by LUNC. It serves as the native staking asset in the Terra Classic network, securing its Proof of Stake (PoS) system and facilitating governance participation. Despite the creation of a new Terra chain, LUNC remains functional within the Terra Classic ecosystem, acting as collateral for its stablecoins and earning transaction fee rewards. The development of LUNC, as part of the broader Terra blockchain ecosystem, was heavily influenced by the Terra community, especially post-UST depegging, through key governance decisions and rebranding initiatives. Terra, the ecosystem’s founding platform, was co-created by Do Kwon and Daniel Shin, marking a significant collaboration in the cryptocurrency world.”

Terra Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Terra Classic directly using US dollars. Investors seeking to acquire Terra Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Terra Classic using one of the exchanges listed above.

LUNC/USD price chart by TradingView